my personal rule of thumb: $0-$1,000   1 or 2 estimates  $1,000-$10,000    3 estimates min.$10,000 +    5 estimates if possible with full break down of services Unfortunately I don't know of any contractors down there just wants to say Congratulations on your purchase!!!

I apologize for leaving a few details out. 

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

She genuinely cared about my situation and worked hard to ensure that I got the best possible outcome.From the minute I hired her, she was 1000% dedicated to analyzing every single detail and protecting my interests.

Obviously we don't agree but won't be sharing details because we owe a duty of confidentiality to current and past clients, and we take that seriously.I'm not ashamed of our in-house maintenance rate which I can share here: $56/hr.

No detailed trainings as to specific documentations and exact procedures.

Setting aside 25% of your net profit is a reasonable estimate for taxes, but the actual amount depends on your overall tax bracket.

Read books and listen to podcasts to supplement your knowledge and to use for better questions, more detailed, and then when you pair that with meetups and your motivation, you are on a great trajectory.

Don’t leave anything to chance—guide the visitor to do what you want, which is to click YOUR ad and leave their details on YOUR SITE.

This means the 50% rule fails now (50% + 60% = 110% --- 10% more in costs than rent), and other cost estimate methodologies seem to yield negative net cash flow.Am I thinking about this correctly?